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RA 9856: Real Estate Investment Trust Act

RA 9856: Real Estate Investment Trust Act

Aims to democratize wealth by broadening ownership of real estate in the Philippines, giving small and large investors the opportunity to participate directly in the ownership and financing of large-scale income producing real estate projects. It aims to help the growth and development of the capital market through increased investment activities.

Lapsed into law on 12/17/2009

Source: http://www.officialgazette.gov.ph/2009/12/17/republic-act-no-9856/